3 September, 2015 by The TZ Newswire Staff Comments Off on Japan’s economy is basically strong says Abe
Japan’s economy is basically strong says Abe
Shinzo Abe on Nippon TV
– Abenomics is a success if conditions for wages rise in 2016
– Current conditions would allow for wage rises next year
– Will cut corp taxes as promised
3 September, 2015 by The TZ Newswire Staff Comments Off on G-20: Likely long on rhetoric, short on detail
G-20: Likely long on rhetoric, short on detail
Whatever comes out of the G-20, global leaders will undoubtedly try and give the impression they have a plan – no matter how far-fetched it is.
3 September, 2015 by The TZ Newswire Staff Comments Off on There’s a good chance of cutting Japanese GDP forecast for 2015 & 2016 says IMF
There’s a good chance of cutting Japanese GDP forecast for 2015 & 2016 says IMF
IMF’s Japanese mission chief with some good news for Japan
– There’s a good chance of cutting growth forecasts in next global economic outlook report
– BOJ should focus on inflation expectations in deciding whether to ease monetary policy rather than underlying weakness in economy
Reuters with the comments from the IMF. Looks like a downgrade to forecast is on the cards
3 September, 2015 by The TZ Newswire Staff Comments Off on July 2015 German factory orders -1.4% vs -0.6% exp m/m
July 2015 German factory orders -1.4% vs -0.6% exp m/m
July 2015 German factory orders data report 4 September 2015
– Prior 2.0%. Revised to 1.8%
– -0.6% vs +0.4% exp WDA y/y. Prior 7.2%. Revised to 7.0%
Again we see decent domestic demand with manufacturing +4.1% vs -1.9% in June export orders fell 5.2% vs +4.4% prior m/m. On the split, Eurozone orders were up 2.2% while non-EZ was down 9.5%. That’s another signal that activity is picking up within the Eurozone
3 September, 2015 by The TZ Newswire Staff Comments Off on European session trade ideas 4 September 2015
European session trade ideas 4 September 2015
We end the week with a bang data wise so how are you going to play it?
Here we are at Friday already and plenty to think about before we all exit into the weekend. What trade ideas do you have today?
3 September, 2015 by The TZ Newswire Staff Comments Off on China’s bumpy ride: Some casualties you may not expect
China’s bumpy ride: Some casualties you may not expect
The rollercoaster ride on Chinese stocks has affected investors around the world. We look at some other areas which are likely to feel the pain.
3 September, 2015 by The TZ Newswire Staff Comments Off on Asian shares fall as U.S. jobs jitters outweigh ECB support
Asian shares fall as U.S. jobs jitters outweigh ECB support
SINGAPORE/TOKYO (Reuters) – Asian shares extended losses on Friday as caution over a U.S. jobs report overshadowed signals from the European Central Bank that it is willing to take further steps to shore up the European economy. U.S. stock futures (ESc1) fell 0.8 percent during the Asian day, pointing to a weaker opening on Wall Street as well after U.S. stocks ended slightly higher overnight. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.8 percent, and was on track to end the week down 4.2 percent.